PTON Trade IdeaChart speaks for itself, targeting 153 if we get a nice breakout over 140, but would watch psychological levels such as 150, 145, etc.
PTON trade ideas
$PTON - i want a handle Can't say I don't foresee a pull back.
I will likely be wrong. I do not understand how this stock is on fire.
I will watch for handle to see if i can play cup and handle breakout
PTON_Weeklyplay?I would play it weekly with the highs from PTON think it may have price pressure currently, but it will be a great buy if you have the patience...Neutral for now, but I think it is a great COVID play that may rotate out depending on Operation Warp Speed....ZM is also a stock that one needs to consider while the rollout happens in the next few months...
$PTON Peloton Breakout Trade Setup 🚲🚲
PTON continues its ride higher after breaking out of bullish pennant.
Volume impressive considering overall market.
Alert set for a possible entry above $140.
Fibonacci Confluence target $157.97
7MA may need to catch up to ignite the move.
1 HR RSI, Overbought PlayGetting puts when PTON is overbought at 1HR hasn't failed me yet, got some ATM put lotto for tomorrow here.
Target is ~119 or where dotted blue line is. If it doesn't bounce there, would continue to be bearish until back at RSI 30 1 HR.
If it holds above orange line, next target is ~160.
Christmas Rally Short SqueezeI get it, Peleton is a hot stock and seems like a great product during the 2020 pandemic/ Bullmarket boogaloo. But, if you heard about a stationary bike company that was valued at 40 BILLION dollars any other time you would not want to become a new investor. I expect this stock to continue to do well this December due to Holiday shopping season and Fed QE . But, as the world population becomes vaccinated and Life returns to some sort of normalcy, this should slowly fade away. Of course the market is always forward looking, so I expect a pullback from a double peak chart pattern in January.
TA interpretation + Personal Opinion = not investment advice*
Best of Luck!
$PTON Possible Bullish setup if breakout 121.5 Goals 157/169If closed above 121.5 then extremely bullish setup could lead to all time highs or area between 157 and 169 stoploss for bulls shall be at 104-103 which can drag it down to 90s
YOUR MASTER IS BACK!!!!!!!!!!BABY LISTEN BUY PELOTON HAND OVER FIST THIS IS GOING TO 150. JUST LOOK AT THE FUCKING CHART EVERY MONKEY WITH HALF A BRAIN CAN SEE THIS. IM NOT GOING TO GET INTO FURTHER DETAIL BECAUSE ITS FUCKING OBVIOUS THIS GOING TO 150 BY JANUARY. VALUATION? PFFT WHAT IS THAT?
DEGENERATE? BUY THE 140 WEEKLY CALLS
SNOWFLAKE? BUY 3/19/21 150 CALLS
DONT LISTEN TO NO ONE BUT ME! NOT EVEN YOUR SIGNIFICANT OTHER!
ANY ONE TELLING YOU OTHER WISE IS A COMPLETE BOZO.
PTON DailyChannel has been supporting Pton since March lows.
I got in the recent dip under $100. Let's hope market cooperates so we can see previous ATH $140 then $160+
PTON exercise at home virtually?Winter is coming. Covid-19 is everywhere...
Solution for exercise at home virtually...
Any thought?
$PTON needs a reversal here at 50 SMA $PTON needs a reversal here at 50 SMA else it will 10-15 points down from the current level.
Overhyped Targeting the next fib down
Many more entrants to the work out at home space.
Vaccine coming soon. I can’t wait to get back to the gym. This will be toast.
$PTON reversing back to ATHDowntrend reversal on Peloton
MACD Golden cross
ARKK buying on 8/12 for the first time
Low volume pullback
Gap-fill 122
H/E, might show similar patterns to $AAPL and $TSLA. Could go down to a HIGHER low before cracking ATH's again
$PTON - Long Above 117 It should be noted that ARKK purchased 135,000 PTON today. Looking at the chart, it looks primed for a small breakout upside. With more lockdowns being enacted we could see the 122 area, which is historical support/resistance. I plan on taking calls or buying shares above 117, selling just shy of 122.
PTON over 116.92This one has been in an uptrend but faked us out for the past few days with a number of false breakouts. Shown here on the hourly, a break outside this box at the trigger should yield a larger move, especially if it can fill the gap above from 117.75 to 122.49. This gap can be used as a more conservative entry. Bollinger band shows room up to 119 on the daily and 141.11 on the weekly. These are not necessarily targets, but show one standard deviation of movement from the 20EMA S/L 115.08.
PTON still in playIncase you missed the update that I added to one of my previous posts on PTON here is the chart again. I am already long but an entry above 117.75 still looks good.
